The U.S. Bank Cash+ categories for bonus rewards include fast food, department stores, home utilities and more. More specifically, with the U.S. Bank Cash+ you get 5% cash back on two categories of your choice (up to $2,000 each quarter), 5% back on prepaid air, hotel and car reservations booked in the Rewards Travel Center, 2% on your choice of one everyday category (like gas stations, grocery stores or restaurants) and 1% on all other purchases. If you don’t select your cash back categories each quarter, you won’t receive any bonus cash back other than 1%, which applies to all purchases.
Cardholders can activate their new U.S. Bank Cash+ bonus categories 45 days before the start of each quarter, and up to 5 days before the quarter ends. Keep in mind that if you wait to activate, you won’t get the bonus cash back for purchases you already made. You only receive the extra cash back once you’ve activated your bonus categories. There are separate categories for the 5% cash back and 2% cash back earning rates.
Here are the U.S. Bank Cash+ 5% categories (2022):
- TV, Internet & Streaming Services
- Gyms/Fitness centers
- Fast food
- Furniture stores
- Ground transportation
- Select clothing stores
- Department stores
- Sporting goods stores
- Movie theatres
- Cell phone providers
- Electronic stores
- Home utilities
Once you’ve reached the $2,000 limit for the 5% categories, you’ll just earn the regular 1% cash back rate for the rest of the quarter. The 5% categories tend to be more specific than the 2% ones, but there are many more of them. The U.S. Bank Cash+ 2% categories usually are groceries, gas stations and restaurants.
While all of these bonus categories are subject to change, they really haven’t in recent years. That, combined with the flexibility of being able to change your bonus categories every few months, is why the U.S. Bank Cash+ is a popular pick among people with great credit.
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